https://www.taxtmi.com/caselaws?id=286403 The High Court partially allowed the appeal, dismissing the disallowance of depreciation amount and the claim for unabsorbed depreciation. However, the court favored the appellant on the disallowance of legal fees, prior period expenses, and office expenditure. A fresh consideration was directed for legal fees and expenses, while the court upheld the decision on the office expenditure. The court also confirmed the non-admittance of the additional ground for levy of interest. en-us Thu, 01 Feb 2018 00:00:00 +0530 Mon, 24 Feb 2020 18:08:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286403 The High Court partially allowed the appeal, dismissing the disallowance of depreciation amount and the claim for unabsorbed depreciation. However, the court favored the appellant on the disallowance of legal fees, prior period expenses, and office expenditure. A fresh consideration was directed for legal fees and expenses, while the court upheld the decision on the office expenditure. The court also confirmed the non-admittance of the additional ground for levy of interest. Case-Laws Income Tax Thu, 01 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286403